A well-structured trading plan is your roadmap to success in the Forex market. Without a plan, you’re just guessing and leaving your results to chance. A solid plan includes clear entry and exit criteria, risk management rules, and position sizing guidelines. It should outline your preferred trading strategy, whether it’s trend-following, scalping, or range trading. Having a plan also helps you avoid emotional decisions, as it provides a set of rules to follow regardless of market conditions. Stick to your plan, even when it’s tempting to chase the market or take impulsive trades. Remember, consistency is the key to long-term profitability, and a detailed plan is the foundation of that consistency. Review and refine your plan regularly to adapt to changing market conditions and improve your results